Asian Development Bank approves US$50 million loan to Cambodia for energy transition programme

PHNOM PENH, Dec 19 (Bernama): The Manila-based Asian Development Bank (ADB) has approved a US$50 million loan to Cambodia to support its energy transition programme, a news release has said.

The Energy Transition Sector Development Programme will be funded by a US$40 million loan from ADB's concessional resources and a US$10 million loan from the ASEAN (Association of Southeast Asian nations) Infrastructure Fund under its ASEAN Catalytic Green Finance Facility, Xinhua quoted the news release as saying.